Dulamsuren is a very determined and hard-working woman -- last year, for example, she personally erected the frame for a new home for her family. She still has much work ahead of her before it will be a comfortable place to live in during the harsh Mongolian winter. She is planning to put foam insulation in the floor, walls and roof and complete the house before summer. She has applied for this loan to buy the materials she needs to finish work on her house.
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This loan is part of Credit Mongol's green loan program, which helps clients to gain access to electricity through solar panel kits, as well as other products for improving their heating and ventilation systems, reducing pollution and health problems caused by burning fuel.
About Credit MongolCredit Mongol is the largest non-banking financial institution (NBFI) in Mongolia. Its mission is to contribute to the prosperity of Mongolians by providing high-quality, affordable and varied financial services to micro-entrepreneurs and small-to-medium-sized businesses. It prioritizes serving remote, rural populations that have typically lacked access to credit and other financial services. Uniquely, it offers solar panel loans to nomadic herders, most of whom live without electricity.
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Success!! The loan was 100% repaid